Retirement

Poor advice from pension companies, and a lack of knowledge among consumers, is having disastrous consequences for those approaching retirement, according to HFM Columbus.

More than 85% of retirees will find it difficult to access professional annuity advice because their pension pots are too small, research suggests.

Final payouts on Norwich Union with-profits funds could be down up to 15% on last year although regular bonus rates have been held on conventional policies.

Final payouts on Norwich Union with-profits funds could be down up to 15% on last year, although regular bonus rates have been held on conventional policies.

Auto-enrolment into pension schemes is expected to begin in October 2012, the Personal Accounts Delivery Authority (PADA) revealed today.

The Government will only compensate Equitable Life policyholders who were 'disproportionately affected' by the maladministration of the scheme but victims may not see their money for well over two and a half years.

The government should take advantage of low yields and issue special pension gilts, Ros Altmann has urged.

The Government will only compensate Equitable Life policyholders who were 'disproportionately affected' by the maladministation of the scheme but victims may not see their money for well over two and a half years.

Suffolk Life was awarded Investor in Customers (IIC) accreditation for the second time today.

One in four Britons will delay their retirement as a result of the economic downturn, research from Life Trust suggests.